[tedd4u]

I should also link Tim Cook's comments on "why China" from a talk in China at a Fortune event. https://www.youtube.com/watch?v=2wacXUrONUY

Transcript:

    There's a confusion about China — let me at least give you my opinion. The popular conception is that companies come to China because of low labor cost. I'm not sure what part of China they go to, but the truth is China stopped being the low labor cost country many years ago. That is not the reason to come to China from a supply point of view. 

    The reason is because of the skill, and the quantity of skill, in one location, and the type of skill it is. The products we do require really advanced tooling, and the precision that you have to have in tooling and working with the materials that we do, are state-of-the-art, and the tooling skill is very deep here. 

    You know, in the US, you could have a meeting of tooling engineers, and I'm not sure we could fill this room. In China, you could fill multiple football fields. It's that vocational expertise that is very deep, very very deep here. And I give the education system a lot of credit for continuing to push on that, even when others were deemphasizing vocational. Now, I think many countries in the world have woken up and said, you know, this is a key thing and we've got to correct that. But China called that right from the beginning.